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GM, Ford Top Estimates as U.S. Sales Pace Reaches 67-Month High

General Motors Co. and Ford Motor Co., makers of the best-selling big pickups in the U.S., said new-vehicle deliveries in June topped estimates as the industry selling pace accelerated to the fastest in 67 months.

Ford sales of cars and light trucks gained 13 percent to 234,917, beating the 12 percent increase that was the average of 11 estimates. GM deliveries rose 6.5 percent to 264,843, exceeding the 2.1 percent average estimate of 11 analysts. Sales climbed 9.8 percent for Toyota Motor Corp., 9.7 percent for Honda Motor Co. and 8.2 percent for Chrysler Group LLC.